Fed cut rates to near zero, launches bond purchases to pump cash into financial system and encourages bank loans to combat the coronavirus’s impact.
Author: Paul Davidson, USA TODAY
Economists applaud coronavirus relief package passed by House but say more is needed
Economists say the coronavirus relief bill passed by the House will help the most vulnerable but more is needed to keep the US out of recession
As coronavirus spreads, businesses announce nearly 900 layoffs and the total could rise sharply
Firms have announced nearly 900 layoffs due to the coronavirus. The total could rise rapidly, says outplacement firm Challenger, Gray and Christmas
The coronavirus economy: As Americans shy away from malls and movie theaters, the damage to livelihoods grows
The economic damage caused by the coronavirus is growing as Americans change their behavior
Economy, stock markets look even shakier after Trump announces European travel ban and NBA suspends season
Dow futures tumbled 1,000 points late Wednesday after President Trump announced a 30-day travel ban from Europe to limit the spread of COVID-19.
The odds of recession are rising but market sell-off doesn’t mean it’s inevitable
The odds of a recession are rising but the market’s plunge doesn’t mean it’s inevitable
‘I’m just worried’: Coronavirus prompts companies to pull back on hiring as uncertainty grows
The coronavirus is prompting many businesses to pull back on hiring and investment as sales decline and uncertainty grows.
Democratic, Republicans voters actually agree on ways to juice the economy. What’s in the way? Politics.
Republican and Democratic voters mostly agree on ways to stimulate more economic growth and create jobs. So why don’t they get it done?
Dow jumps nearly 1,300 points on hopes that central banks can boost economies as coronavirus spreads
The Dow bounced back from a coronavirus-related sell-off, surging nearly 1,300 points. Central banks are poised to help combat the outbreak’s effects.
Dow futures fall 200 points as Wall Street braces for more turbulence amid coronavirus fears
Dow stock futures were down about 1% Sunday as coronavirus spread in the U.S. and globally, setting stock markets on edge.